Part 1 Introduction to Financial Statements xxiv
1 The Nature and Purpose of Financial Accounting
2 Overview of the Financial Statements
3 The Balance Sheet
4 The Income Statement
5 The Statement of Cash Flows
6 Introduction to Financial Statement Analysis
Case 1 IBM
Part 2 The Accounting Information System
7 The Accounting Information System
Part 3 Operating Decisions
8 Revenue Cycle: Sales, Receivables, and Cash
9 Cost of Goods Sold and Inventory
10 Expenditure Cycle: Other Operating Items
Case 2 Procter & Gamble
Part 4 Investing Decisions 485
11 Investments in Operating Assets
12 Investments in Securities
Case 3 Intel
Part 5 Financing Decisions
13 Financing with Debt
14 Financing with Equity
Case 4 AT&T
Part 6 Additional Reporting and Analysis
15 Accounting in a Global Market
16 Earnings Management
Case 5 Coca-Cola
Appendix A
Appendix B
Glossary of Terms